Author: PPD Team Date: February 6, 2025
Hazoor Multi Projects (HMPL) plans to invest Rs 25 billion in a 500 MW solar power project in Prakasam district, Andhra Pradesh.
The project will be developed on 2,000 acres, with support from the Andhra Pradesh government through the New & Renewable Energy Development Corporation (NREDCAP), which has requested a detailed project report (DPR) from the company for execution.
Author: PPD Team Date: June 20, 2025 Three companies—NTPC Limited, Oben Electric, and Avaana Capital—have announced fundraises aligned with infrastructure, clean mobility, and sustainability-linked investments. NTPC raises Rs 40 billion via NCDs NTPC Limited has raised Rs 40 billion through the private placement of unsecured, non-convertible debentures (NCDs). The debentures carry a coupon rate of 6.89 per cent per annum and a tenor of 10 years and 1 day. This is the third issuance under…
Author: PPD Team Date: October 28, 2024 India Grid Trust (IndiGrid) has estimated a bid pipeline worth over Rs 651 billion in the power transmission sector, as disclosed in its Q2 FY25 investor presentation. The pipeline includes interstate transmission system (ISTS) projects with issued requests for proposal (RfP). Additionally, IndiGrid sees an estimated Rs 35 billion opportunity in the battery energy storage system (BESS) market, primarily from projects in Gujarat and Uttar Pradesh. In Q2FY25,…
Author: PPD Team Date: November 14, 2024 Sterlite Power has teamed up with Infravision to modernize India’s power transmission infrastructure using advanced, technology-driven construction methods. India’s plan to build 50,000 ckm of transmission lines by 2030 underscores the need for efficient, scalable solutions, and Sterlite Power aims to be a key player in this transformation. Through this partnership, Infravision will provide its innovative transmission construction technology to support 100% of Sterlite Power’s stringing needs across…
Author: PPD Team Date: January 19, 2026 DMR Engineering Limited has secured an international consultancy contract valued at Rs 4.60 crore for work on the Jongthang Hydropower Project in Bhutan. The contract has been awarded to the company in association with ERM India Private Limited. In a regulatory filing submitted on January 16, 2026, DMR Engineering, formerly DMR Hydroengineering and Infrastructures Limited, informed the exchanges that the contract has been awarded by Druk Green Power…
Author: PPD Team Date: September 24, 2025 A new International Energy Agency (IEA) report highlights Southeast Asia’s potential to use renewable energy to meet rapidly growing electricity demand. In 2024, regional electricity consumption rose by over 7%, nearly double the global average, and is expected to double again by 2050 due to urbanisation, industrial growth, and higher living standards. The region is estimated to have 20 terawatts (TW) of untapped solar and wind capacity. The…
Author: PPD Team Date: July 7, 2025 JSW Energy Limited has announced that its step-down subsidiary, JSW Renew Energy Thirty Seven Limited, has signed a battery energy storage purchase agreement (BESPA) with Rajasthan Rajya Vidyut Utpadan Nigam Limited. The agreement covers the development of a 250 MW/500 MWh standalone battery energy storage system (BESS) project in Rajasthan. The project will receive support through viability gap funding. The BESPA is valid for 12 years, with a…